STARHOTELS LOOKS TO THE FUTURE: 350 MILLION FINANCING AGREEMENT SIGNED FOR EXPANSION AND CONSOLIDATION OF ITALY'S LEADING HOTEL GROUP
Starhotels S.p.A. announces that on the March 11th 2025, it has signed a €350,000,000 ten-year loan financing agreement with a pool of banks made of: BNL BNP (acting as agent bank), BPER, BPM, Crédit Agricole, MPS, and Unicredit. |
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STARHOTELS LOOKS TO THE FUTURE: 350 MILLION FINANCING AGREEMENT SIGNED FOR EXPANSION AND CONSOLIDATION OF ITALY'S LEADING HOTEL GROUP
Starhotels S.p.A. announces that on the March 11th 2025, it has signed a €350,000,000 ten-year loan financing agreement with a pool of banks made of: BNL BNP (acting as agent bank), BPER, BPM, Crédit Agricole, MPS, and Unicredit. |
Category: - Italy - Industry economy
- Figures / Studies
This is a press release selected by our editorial committee and published online for free on 2025-05-19
The new financing has been used to repay the €460,000,000 loan signed in 2022 and originally maturing in 2027. This transaction provides the company with long-term financial resources to support the maintenance and enhancement of its current portfolio, the acquisition of new hotel properties, and the signing of new hotel management agreements (lease & management).
Starhotels S.p.A. was advised by Rothschild & Co as financial advisor and by Legance Avvocati Associati as legal counsel. The pool of banks was advised by McDermott Will & Emery Studio Legale Associato.
Starhotels
Starhotels, the first Italian private hotel company, is a market leader in the hospitality industry within 4 and 5-star hotels. The Group vaunts 31 hotels with more than 4,200 rooms and luxury residences located in the heart of the top Italian destinations, in addition to London, Paris and New York. Starhotels is synonymous with the excellence of Italian hospitality, offering impeccable service that excels at anticipating the guests' wishes and exceeding their expectations.
The prestigious Starhotels Collezione – icons of style in the most beautiful destinations in the world – stand out for their strategic positions, sophisticated design and bespoke services. Starhotels Collezione properties are located in Florence, London, Milan, New York, Paris, Rome, Saturnia, Siena, Trieste, Venice and Vicenza.
Starhotels Premium, located in the heart of the most beautiful Italian cities, Bergamo, Bologna, Florence, Genoa, Milan, Naples, Parma, Rome, Saronno and Turin, stand out for their contemporary style, and perfect combination of elegance and comfort, providing an intangible sense of well-being through excellent and welcoming service.
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